The Voluntary Carbon Market Disclosures Act, Assembly Bill No. 1305 (“AB-1305”), was signed into law in California on October 7, 2023, and DLL, as a 100% subsidiary of Rabobank Group discloses below specified information related to the purchase or use of voluntary carbon offsets sold or marketed in California.

The following disclosure is made pursuant to this and was last updated on 23 June 2025:

44475.1 – Purchase or use of voluntary carbon offsets

DLL as part of the Rabobank Group is committed to identifying carbon removal and emissions avoidance projects that follow the highest environmental and social standards and that reflect our responsibility to comply. Carbon removal and emission avoidance projects in scope of the VCMDA are noted below based on 2024 data:

Number of carbon credits*	15.492	9.683	12.394	1.162
Supplier	Rabobank, Carbon Bank	Climate Neutral Group	Rabobank, Acorn	Rabobank, Carbon Bank
Registry	Gold standard	Gold standard	Plan Vivo	Puro.earth
Identification	GS11440	GS11068	Acorn2024.014	432524
Project name	KOKO Kenya - Ethanol Cookstoves Program	Household biogas project in Uttarakhand and Kerala, India	Acorn	Exomad Green, Concepción
Project type	Avoided emissions	Avoided emissions	Carbon removal	Carbon removal
Site location	Kenya	India	Kenya	Bolivia
Protocol	Kyoto Protocol requirements, UNFCCC rules, applicable CDM requirements and requirement of Gold Standard.	Kyoto Protocol requirements, UNFCCC rules, applicable CDM requirements and requirement of Gold Standard.	Methodology approved by the Plan Vivo Foundation and an accredited validation and verification body, AENOR	Puro.earth biochar protocol
Third-party verification	Independently verified by LGAI Technological Center, S.A. (contracted by KOKO Networks Limited)	Independently verified by LGAI Technological Center, S.A. (contracted by First Climate Markets AG)	Independently verified by Preferred by Nature OÜ.	Third-party verification by an auditor against the methodology for biochar.

*1 credit compensates for 1000kg CO2 emissions